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20130107
20130115
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CSPAN 1
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europe 1
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sustainable future where we are in harmony with the environment and the planet. a lot of corporations are doing those things, but not as well as corporations could. corporations could contribute still more toward human welfare and avoid doing damage in some areas where they do, if only we can correct what i have come to view as a very mistaken and ultimately counterproductive idea that has captured the business world. this is the idea that corporations are run well, when they are run to maximize shareholder value, specifically measured by share price. many people in the room may have the reaction, but isn't that something that has been accepted forever? don't we all know that the purpose of the corporation is to maximize profits for shareholders? i would say no, actually, that is not an idea that has been around forever. that is a pretty new idea. if you were to get in a time machine and go back and study the first eight decades of the 20th century, and it is at the beginning of the 20th century were refer start to see the great public corporations that we think of today when we think
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